| CIN | U70102MP2014PTC032551 |
|---|---|
| Year Established | Not Available |
| Address | VIBRANT PROPERTIES K-6 1ST FLOOR KHANDELWAL MARKET NAGPUR ROAD NEAR GULZA R HOTEL , JABALPUR, Madhya Pradesh, India - 482002 |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the realm of real estate, selecting a reliable builder is crucial for a satisfactory property purchase experience. One such builder, Vibrant Plots Private Limited, has made its mark in Madhya Pradesh but has faced some legal challenges. This article delves into the builder's performance through the lens of recent legal cases, providing potential buyers with insights on what to expect.
Overview of Legal Cases
Summary of Legal Complaints
Vibrant Plots Private Limited has encountered one formal complaint, which was not resolved in its favor. The specifics of the case include:
- Appellant Claim: The applicant alleged that Vibrant Plots Private Limited failed to execute the promised development work on the plot, and also neglected to refund the consideration amount along with interest.
- Respondent Claim: The builder did not provide a response to the complaint.
- Final Verdict: The adjudicating authority ordered the builder to refund the principal amount, along with …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vibrant Plots Private Limited, where the builder lost, reveals several key themes and key patterns underlying the disputes.
The cases against Vibrant Plots primarily revolve around three critical themes: the failure to execute development work on properties, non-compliance with financial obligations towards customers, and claims for mental agony and damages resulting from these failures.
In the reported case, the applicant claimed that the builder did not develop their plot as promised and failed to return the consideration amount, which highlights issues in both development execution and financial accountability. These themes are not only crucial in understanding the builder's obligations but also indicate common reasons why buyers might resort to legal action.
The patterns emerging from these case summaries demonstrate that buyers are often driven to court by the builder’s inability to fulfill contractual commitments, particularly in relation to development work and …
Individual case details available for subscribers.
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